Types of Goods

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Types of goods classify products based on whether they are rival or nonrival and excludable or nonexcludable, helping explain how markets allocate resources and why some goods require policy-based solutions.

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Course curriculum

1. The Two Key Characteristics of Goods
2. Private Goods
3. Public Goods
4. Common Resources
5. Club Goods
6. The Four Types of Goods: Summary Grid
7. Types of Goods MRU Interactive
8. Tragedy of the Commons
9. Summary
10. Types of Goods Quiz
11. Are Roads Really Public Goods?

Additional Market Failure and Strategic Behavior Modules

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Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Course curriculum

Content

Additional Market Failure and Strategic Behavior Modules

Asymmetric Information, Moral Hazard, and Signaling

Price Controls

Oligopoly & Game Theory

Tax

Externalities

Economics Olympiad Prep Modules